VRE has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
VRE has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-05-13), Veris Residential's share price is $15.58. Veris Residential's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $12.15. Hence, Veris Residential's Price to Tangible Book Ratio of today is 1.28.
The historical rank and industry rank for Veris Residential's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Veris Residential's highest Price to Tangible Book Ratio was 1.81. The lowest was 0.85. And the median was 1.25.
A closely related ratio is called PB Ratio. As of today, Veris Residential's share price is $15.58. Veris Residential's Book Value per Sharefor the quarter that ended in Mar. 2024 was $12.26. Hence, Veris Residential's P/B Ratio of today is 1.27.
The historical data trend for Veris Residential's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Veris Residential Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.49 | 0.85 | 1.35 | 1.19 | 1.29 |
Veris Residential Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.11 | 1.25 | 1.34 | 1.29 | 1.25 |
For the REIT - Residential subindustry, Veris Residential's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the REITs industry and Real Estate sector, Veris Residential's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Veris Residential's Price-to-Tangible-Book falls into.
Veris Residential's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Mar. 2024 ) |
= | 15.58 | / | 12.148 | |
= | 1.28 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Price to Tangible Book | = | Market Cap | / | Tangible Equity | ||||
= | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) |
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Thank you for viewing the detailed overview of Veris Residential's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
A. Akiva Katz | director | C/O MACK-CALI REALTY CORP, HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Stephanie L. Williams | director | C/O VERIS RESIDENTIAL, INC., 210 HUDSON STREET, SUITE 400, JERSEY CITY NJ 07311 |
Ronald Dickerman | director | 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
Mahbod Nia | director | C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022 |
Taryn D. Fielder | officer: EVP, General Counsel & Sec. | 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006 |
Jeffrey Scott Turkanis | officer: EVP & Chief Investment Officer | 12 RICHARD ROAD, MARBLEHEAD MA 01945 |
Amanda Lombard | officer: Chief Accounting Officer | 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110 |
Anna Malhari | officer: EVP & Chief Operating Officer | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Victor B Macfarlane | director | 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134 |
Michael B Berman | director | C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606 |
Tammy Jones | director | MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024 |
Howard Steven Stern | director | 11601 WILSHIRE BLVD 4TH FLOOR, LOS ANGELES CA 90025 |
Deidre Crockett | officer: EVP, Chief Admin. Officer | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Alan R Batkin | director | 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
Lisa Feinman Myers | director | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
From GuruFocus
By PRNewswire PRNewswire • 11-03-2022
By PRNewswire PRNewswire • 02-27-2023
By PRNewswire PRNewswire • 10-21-2022
By PRNewswire PRNewswire • 07-28-2022
By PRNewswire • 11-16-2023
By PRNewswire • 01-22-2024
By PRNewswire • 08-18-2023
By PRNewswire • 10-13-2023
By PRNewswire • 07-26-2023
By PRNewswire PRNewswire • 10-25-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.